investing
Beating the Market - The Chops Theory
Thursday, May 7th, 2009 | investing | 3 Comments
Nobody Can Beat the Market
Any investor who has been around a while has heard that they can’t beat the market. After hearing it so many times, you start to believe it. Pretty soon, you want to move all of your money into an index fund. Then you light your torch and grab your pitchfork ready to storm the gates of whoever tried to sell you an actively managed mutual fund with a high expense ratio. And if anybody still believed they could beat the market, they could be shown research that shows that the majority of actively managed funds fail to beat the market. But is it that simple?
Investing - Know Before You Buy
Tuesday, March 31st, 2009 | investing | 1 Comment
A while ago I was talking to my boss and the subject of the stock market came up. She said that she used to buy stocks, so I mentioned that I own some stocks. Her eyes got really wide and panicky and she said “Stocks are too risky, I only buy mutual funds now.”